News from Financial Times

Lagos offers start-ups ‘immediate scale’ but challenges remain

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Financial Times · 06/05/2025 00:00 EDT

Nigeria’s economic capital is one of Africa’s leading tech hubs but its crown is showing signs of slipping Read more ›

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Inside the collapse of Microsoft-backed tech unicorn Builder.ai

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Financial Times · 06/05/2025 00:00 EDT

Top investors including Qatar are realising they may have backed a business that largely reported artificial revenues Read more ›

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Nigeria’s PalmPay thrives on ‘ultimate competition’ of cash

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Financial Times · 06/05/2025 00:00 EDT

Chinese-backed payment app has focused on customers excluded by traditional banks, growing to 35mn users Read more ›

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Trapped in Tangier by Covid ‘turned my idea into reality’

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Financial Times · 06/05/2025 00:00 EDT

Abdelilah Hlallouch founded Tingis Web in Morocco when Covid lockdown prevented his return to the Netherlands Read more ›

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Apple and Alibaba’s AI rollout in China delayed by Trump trade war

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Financial Times · 06/04/2025 11:44 EDT

Partnership between US and Chinese tech groups stalled by Beijing regulator in wake of geopolitical tensions Read more ›

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AI Exchange

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Financial Times · 06/04/2025 00:32 EDT

In this monthly series, running alongside our existing Tech Exchange dialogues, FT journalists talk to the scientists, developers and business leaders exploring ever more applications for artificial intelligence, in every aspect of our lives Read more ›

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AI start-up Cohere seeks $500mn in effort to catch up to OpenAI and Anthropic

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Financial Times 1 place · 06/04/2025 00:00 EDT

Canadian group seeks valuation of up to $6.5bn but rivals have soared far higher in comparison Read more ›

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Meta agrees 20-year deal to buy output from Illinois nuclear plant

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Financial Times 1 place · 06/03/2025 19:46 EDT

Tie-up with Constellation Energy comes as Big Tech groups seek power sources for AI boom Read more ›

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Meta agrees 20-year deal to buy output from Illinois nuclear plant

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Financial Times 1 place · 06/03/2025 11:01 EDT

Tie-up with Constellation Energy comes as Big Tech groups seek power sources for AI boom Read more ›

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New spying claims emerge in Silicon Valley corporate espionage scandal

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Financial Times 3 place · 06/03/2025 09:25 EDT

HR start-ups Rippling and Deel trade allegations their leaders directed efforts to steal company secrets from one another Read more ›

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The US government has most to gain from ‘OpenAI for countries’

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Financial Times · 06/03/2025 06:00 EDT

Imagine how much leverage it will have if it can turn off artificial intelligence capabilities around the world Read more ›

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UK medical robotics company aims for $4bn sale

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Financial Times · 06/03/2025 00:01 EDT

Cambridge-based CMR Surgical has hired advisers for a deal process as company plots its US launch Read more ›

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Xiaomi among Chinese tech groups set to be hardest hit by US chip software ban

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Financial Times · 06/03/2025 00:00 EDT

Companies may struggle to manufacture silicon in Taiwan with export controls preventing updates to design tools Read more ›

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Big Four firms race to develop audits for AI products

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Financial Times · 06/03/2025 00:00 EDT

Accounting groups hope to emulate previous profit gains from audits of companies’ ESG metrics Read more ›

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‘Godfather’ of AI Yoshua Bengio says latest models lie to users

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Financial Times 2 place · 06/03/2025 00:00 EDT

Turing Award winner launches LawZero not-profit for safer AI, while warning recent models display dangerous characteristics Read more ›

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Uber reintroduces chief operating officer role as CEO loosens grip

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Financial Times · 06/02/2025 20:23 EDT

Andrew Macdonald has been appointed COO and president after serving as head of mobility Read more ›

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Uber reintroduces chief operating officer role as CEO loosens grip

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Financial Times · 06/02/2025 18:18 EDT

Andrew Macdonald has been appointed COO and president after serving as head of mobility Read more ›

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Musk’s xAI seeks $113bn valuation in $300mn share sale

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Financial Times · 06/02/2025 14:44 EDT

Deal to allow investors to buy into group following March takeover of X Read more ›

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Fintech Chime readies IPO but faces drastically lower valuation

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Financial Times · 06/02/2025 13:30 EDT

The market has begun to thaw in recent weeks on hope that the worst of Donald Trump’s tariff threats has passed Read more ›

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Google to spend $500mn on compliance to settle shareholder antitrust suit

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Financial Times · 06/02/2025 13:20 EDT

Latest move comes as tech giant is attacked on multiple legal fronts that threaten its break-up Read more ›

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